The Accounting Standard Update aims to clarify existing reporting requirements, in part by creating a comprehensive list of ...

A new Accounting Standards Update establishes previously missing GAAP guidance related to the recognition, measurement, and ...

The ASU’s amendments provide a definition of government grants and provide clarification of their scope.

The standards update fills a gap in the generally accepted accounting principles that previously left many companies turning ...

The Financial Accounting Standards Board has issued a new Accounting Standards Update to address ...

Nonprofit organizations are entities that perform charitable services by accepting funds from the general public. To help regulate activities and encourage the proper use of funds, accounting ...

Both the International Accounting Standards Board (IASB) and the Financial Standards Accounting Board (FASB) have recently issued new accounting standards related to lease assets. For public companies ...

The SEC is proposing to move firms towards using international accounting standards: The Securities and Exchange Commission voted unanimously to seek public comment for 60 days on a "road map" to move ...

In August, the International Swaps and Derivatives Association said the DRM model “has the potential to make significant ...

The Financial Accounting Standards Board issued an accounting standards update with guidance on accounting for government ...